C211 WGU OA FINAL EVALUATION SCRIPT
2026 THOROUGH QUESTIONS WITH
ACCURATE SOLUTIONS ALREADY PASSED
GRADED A+
⩥ view that claims globalization is a long-run historical evolution since
the dawn of humanity. Says it is nothing new and that it will always
exist. Answer: evolutionary
⩥ view that claims globalization is swinging from one extreme to
another from time to time. Answer: pendulum
⩥ investment in, controlling, and managing value-added activities in
other countries. Answer: foreign direct investment
⩥ political view hostile to FDI. believes it is an instrument of
imperialism and vehicle for exploitation of domestic resources by
foreign capitalists and firms. Answer: radical
⩥ suggests that FDI, unrestricted by government intervention, will
enable countries to tap into their absolute or comparative advantages by
specializing in the production of certain goods and services. Answer:
free market
,⩥ views FDI as having pros and cons and only approving FDI when its
benefits outweigh costs. Answer: pragmatic nationalis
⩥ what benefits exist to a country receiving FDI?. Answer: capital
inflow, technology spillovers, advanced management know-how, creates
jobs
⩥ what costs exist to a country receiving FDI?. Answer: loss of
sovereignty, adverse effects on competition, net outflow in the capital
account
⩥ The aggregation of importing and exporting that leads to the country-
level trade surplus or deficit.. Answer: balance of trade
⩥ firms with a _____ degree of resource similarity are likely to have
similar competitive actions. Answer: high
⩥ a high degree of resource similarity but low market commonality =
_______ intensity of rivalry. Answer: highest
⩥ little resource similarity but high market commonality = _____
intensity of rivalry. Answer: lowest
⩥ mercantilism, absolute advantage and comparative advantage belong
to what theory of international trade. Answer: classical
, ⩥ theory of international trade that relies on more realistic product life
cycles and first mover advantages. Answer: modern
⩥ under free trade, a nation gains by specializing in economic activities
in which it has _____advantage. Answer: absolute
⩥ focuses on the idea that if a country does not have absolute advantage,
they can still choose to specialize in the production of one good where it
has ______ advantage. Answer: comparative
⩥ comparative advantage and absolute advantage stem from. Answer:
factor endowments
⩥ theory that the wealth of the world is fixed and that a nation that
imports more and exports less will be richer. Answer: mercantilism
⩥ stage of the product life cycle where production of a new product that
commands a price premium will concentrate in the US. Answer: new
⩥ stage of the product life cycle where demand and ability to produce
grow in other developed nations. Answer: maturing
2026 THOROUGH QUESTIONS WITH
ACCURATE SOLUTIONS ALREADY PASSED
GRADED A+
⩥ view that claims globalization is a long-run historical evolution since
the dawn of humanity. Says it is nothing new and that it will always
exist. Answer: evolutionary
⩥ view that claims globalization is swinging from one extreme to
another from time to time. Answer: pendulum
⩥ investment in, controlling, and managing value-added activities in
other countries. Answer: foreign direct investment
⩥ political view hostile to FDI. believes it is an instrument of
imperialism and vehicle for exploitation of domestic resources by
foreign capitalists and firms. Answer: radical
⩥ suggests that FDI, unrestricted by government intervention, will
enable countries to tap into their absolute or comparative advantages by
specializing in the production of certain goods and services. Answer:
free market
,⩥ views FDI as having pros and cons and only approving FDI when its
benefits outweigh costs. Answer: pragmatic nationalis
⩥ what benefits exist to a country receiving FDI?. Answer: capital
inflow, technology spillovers, advanced management know-how, creates
jobs
⩥ what costs exist to a country receiving FDI?. Answer: loss of
sovereignty, adverse effects on competition, net outflow in the capital
account
⩥ The aggregation of importing and exporting that leads to the country-
level trade surplus or deficit.. Answer: balance of trade
⩥ firms with a _____ degree of resource similarity are likely to have
similar competitive actions. Answer: high
⩥ a high degree of resource similarity but low market commonality =
_______ intensity of rivalry. Answer: highest
⩥ little resource similarity but high market commonality = _____
intensity of rivalry. Answer: lowest
⩥ mercantilism, absolute advantage and comparative advantage belong
to what theory of international trade. Answer: classical
, ⩥ theory of international trade that relies on more realistic product life
cycles and first mover advantages. Answer: modern
⩥ under free trade, a nation gains by specializing in economic activities
in which it has _____advantage. Answer: absolute
⩥ focuses on the idea that if a country does not have absolute advantage,
they can still choose to specialize in the production of one good where it
has ______ advantage. Answer: comparative
⩥ comparative advantage and absolute advantage stem from. Answer:
factor endowments
⩥ theory that the wealth of the world is fixed and that a nation that
imports more and exports less will be richer. Answer: mercantilism
⩥ stage of the product life cycle where production of a new product that
commands a price premium will concentrate in the US. Answer: new
⩥ stage of the product life cycle where demand and ability to produce
grow in other developed nations. Answer: maturing
